Lithuania Average Monthly Gross Wages  Forecast


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Wages in Manufacturing in Lithuania is expected to be 848.46 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Lithuania to stand at 851.77 in 12 months time. In the long-term, the Lithuania Average Monthly Gross Wages is projected to trend around 832.09 EUR/Month in 2020, according to our econometric models.


Lithuania Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.4 8.6 8.2 7.3 7.1 7.2
Employed Persons 1359 1367 1364 1369 1372 1377
Unemployed Persons 130 130 131 132 132 138
Labor Force Participation Rate 60.3 60.32 60.29 60.29 60.28 60.17
Long Term Unemployment Rate 2.9 3.59 3.86 4.11 4.35 5.44
Youth Unemployment Rate 15.3 15.43 15.56 15.69 15.81 16.81
Labour Costs 135 140 141 143 144 146
Job Vacancies 19761 17331 16747 14582 14602 12442
Wages 839 848 851 852 852 832
Wages in Manufacturing 839 848 851 852 852 832
Minimum Wages 380 370 388 388 388 400
Population 2.85 2.85 2.81 2.81 2.81 2.75
Retirement Age Women 62.2 62 62 62 62 61
Retirement Age Men 63.6 64 64 64 64 63
Full Time Employment 1185 1215 1204 1209 1217 1223
Employment Change 0.5 -0.06 -0.14 -0.02 -0.06 -0.08
Employment Rate 70.6 70.2 69.77 70.33 70.2 68.21
Productivity 128 116 109 114 120 116
Part Time Employment 110 104 108 109 109 114